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Sponsors
1 Co-sponsor
History
- Substituted by A9260
- Ordered to third reading cal.1413
- Committee discharged and committed to rules
- Referred to racing, gaming and wagering
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to distribution of surcharges for off-track winnings
Signed by Governor · Sponsor J. Gary Pretlow
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6932
Title of bill
An act to amend the racing, pari-mutuel wagering and breeding law, in relation to the distribution of surcharges on off-track winnings
Purpose or general idea of bill
To extend the current authorization for the distribution of surcharge revenues which will otherwise expire on August 31, 2012.
Summary of specific provisions
This bill would allow the allocation of specific surcharge revenues to the same racetrack to continue for another five year period.
Effect on current law
Changes the expiration date from August 31, 2012 to August 31, 2017, in keeping with the length of previous extensions.
Justification
This is more a matter of "housekeeping" than anything else. Every five years, the provision for the distribution of surcharge earnings from off track winning bets has expired. This year, 2012, is the year during which the last five year extension. expires necessitating another extension in order to continue to implement earlier agreements. Passage of the last extension was accomplished without a negative vote.
Prior legislative history
Chapter 365 of 2009 restored an inadvertent omission of the five year extension-provision from a renumbering and reordering of several racing law provisions. Same As: A.9260 Pretlow
Fiscal implications
None.
Effective date
September 1, 2012
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.